Consumer Doubt Over Car Loan Approval Results in 800,000 Lost New-Car Sales
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Daily auto finance news

Consumer Doubt Over Car Loan Approval Results in 800,000 Lost New-Car Sales

Car shoppers who are convinced they can’t get a car loan, even though their credit…

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Buyers Rejected For New-Car Loans Turn to Used Vehicles
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Buy new or used car?

Buyers Rejected For New-Car Loans Turn to Used Vehicles

Average FICO Score Drops Again For New-Car Loan Approvals
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Daily auto finance news

Average FICO Score Drops Again For New-Car Loan Approvals

It looks as if banks are lowering their standards for approving consumers for a car…

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A Look at the Incentives Automakers Hope Will Save the Industry
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Daily auto finance news

A Look at the Incentives Automakers Hope Will Save the Industry

Automakers are inventing new incentives that buyers have never seen before. With sales tanking and…

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FICO’s New Auto Score Will Help Lenders Predict 5 to 15% More Potential Car Loan Delinquencies
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How credit score affects auto loans

FICO’s New Auto Score Will Help Lenders Predict 5 to 15% More Potential Car Loan Delinquencies

FICO announced last week its newest FICO scores targeted specifically to the auto lending and…

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